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Strategies & Market Trends : The New Economy and its Winners
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To: Bill Harmond who wrote (3156)11/16/2000 9:35:46 PM
From: Mark Fowler  Read Replies (2) of 57684
 
Here's the skinny on our beloved Arba. look for the first bounce at around $66 but should wait it'll come back to fill at the bottom of gap at 58-59, major support. The H&S measurement is down to 38 on Arba, same as Yhoo's H&S measurement. Those H&S measurements should be considered in play if the market continues downward. Remember the QQQ H&S measurement is down to 42, We need to hold approx. 70 on QQQ.
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